Development Bank Ghana (DBG) has signed a Memorandum of Understanding (MoU) with the Association of Ghana Industries (AGI) as part of its mandate to accelerate the growth of key sectors of Ghana’s economy. The collaboration aims to strengthen the textiles and garments industry by supporting local businesses to scale production, improve competitiveness, and create jobs. As part of the MoU, DBG will partner with AGI to implement a three-year initiative that provides technical support, financial resources, and market development assistance to selected textile, garment, and fintech companies. The initiative will help address key industry challenges, such as high production costs, limited skilled labour and access to long-term financing. DBG’s support for the textiles and garments industry aligns with our strategic focus on manufacturing as a priority sector for development," said K. Duker, CEO of DBG. "This collaboration with AGI provides an opportunity to support the sector’s ...